More, and more work will be outsourced

I remember worse days, yet we are still cutting jobs

I have been working for State Street for about 5 years right now, I work in technology and I can tell you that some of the people we have do not deserve to work here. Job cuts and downsizing would be welcome in some departments, there is very little... — read more 

We are just beaten so much that nobody cares anymore here at State Street - we might as well close our IT dpt

can someone email me one day when there are no ubs layoffs?

State Street headlines always crack me up. That fumbling oaf of a company announces layoffs every year despite already paying the lowest comp in the industry.

Morgan Stanley may be done showing people the door but State Street is just getting started. SSC said today that it would cut 630 jobs in a conference call and filing larded down with jargon to soften the fact that it’s canning 2% of its staff. The... — read more